Economic uncertainty appears to be the order of the day, especially on home soil, and the contest between businesses to gain market share remains challenging. We are all impacted in some way or another by this race for economic power and prosperity.

How then is it possible to strive towards a free market where businesses have equal opportunities, economic efficiency is achieved, consumers are protected and ultimately economic growth is stimulated?

The answer, in short, is a robust competition policy, which is underpinned at its foundation by sound economic policies. Read more

Until recently, the pecuniary risks of non-compliance with the Competition Act at a firm level involved a fine of up to 10% of a firm’s turnover, and for those guilty of cartel conduct, the risk of criminal sanctions that can take the form of fines or imprisonment.

https://www.complianceonline.co.za/wp-content/uploads/2017/05/damages.jpg7041000Marylla Govenderhttps://complianceonline.co.za/wp-content/uploads/2016/03/white_logo-300x138.pngMarylla Govender2017-05-04 14:24:252017-05-08 11:51:18Follow-on damages – the new kid on the block for competition law non-compliance?